Why Restaurant Owners Must Know the Prime Cost Formula

Prime cost is the one number you must know to make any money in the restaurant business. The prime cost formula is a measurement of your ability to be profitable and gives you information about how you can be profitable. Watch the video below, or continue reading, for three reasons why restaurant owners must know the prime cost formula.

Here are 3 reasons restaurant owners must know the prime cost formula:

Number 1 - It allows you to set your food and labor cost targets. You can set your...

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